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The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $450,000. The Sisyphean Company

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The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $450,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 $200,000 Year 2 $225,000 Year 3 $275,000 Year 4 $200,000 The appropriate discount rate for this project is 16%. The internal rate of return (IRR) for this project is closest to: O A. 18.9% OB. 39.1% O c. 34.1% OD. 22.7% O E. 42.3%

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